The SEC recorded 529 Form 4 filings today. These transactions represented activity in 209 companies and came from 521 insiders. Of these individual transactions, 43 were filings that represented over $1 million in market value. There were 19 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 31 individual insiders with transactions that were greater than $1 million.
Activity within the S&P 500 index was centered around 46 companies with 98 individuals reporting insider trades. This activity was markedly below the average for the month and substantially below that of previous week. This activity included high value transactions representing $21,524,045 in market value, involved 9 individual filers from 6 companies, and came from discretionary sales of 120,764 shares.
Among the most significant insider transactions for the day:
Insider Selling in Chubb (CB) Shares Continues
There was a significant sale of shares of Chubb by an insider today, as indicated in a form 4 document filed with the SEC. One insider — Evan G Greenberg, Director and Officer — disposed of 69,175 shares in the company having a market value of approximately $10,011,931. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 14,563 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 83,738 shares and have averaged 41,869 shares per transaction over this time period.
Insiders at Chubb have a level of buy/sell trades that is above the 21-peer company average over the last 90-day period. The Multiline Insurance & Brokers peer group saw 15 buy/sell trades during this period for an average of 0.7 transactions per company. The number of shares per buy/sell trade for Chubb insiders was also higher. Within the peer group there were 221,053 shares purchased and 20,885 shares sold with company insiders acquiring 18,197 shares on average. In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data sourced to evaluate and write this story.
Insiders at LendingTree (TREE) Make Significant purchases Reversing the Trend of Selling of Last 90 Days
Two insiders — Douglas R Lebda, 10% Owner, Director and Officer, and Liberty Interactive Corp, 10% Owner and Director — acquired 450,000 shares of LendingTree having a market value of approximately $76,815,000 today, as reflected in form 4 documents filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 134,500 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 307,500 shares and have averaged 148,125 shares per transaction over this time period.
Today’s Insider Activity
* Douglas R Lebda, 10% Owner, Director and Officer, sold 8,000 shares
* Liberty Interactive Corp, 10% Owner and Director, bought 450,000 shares
Another 16 companies had significant insider transactions based on UpTick Data Technologies’ analysis. Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends. For more information, contact UpTick at firstname.lastname@example.org.